Archive · 21 Jul 2026
Calcutta HC denies TMC access to frozen accounts
The Calcutta High Court recently decided not to allow the Trinamool Congress, led by Mamata Banerjee, to use three of their bank accounts that were frozen by the Enforcement Directorate.
These accounts have a total of Rs 440.42 crore.
The ED froze them because they suspect the party of doing some financial wrongdoings, like collecting money illegally and moving it around through different accounts.
The ED found that about Rs 160 crore was moved to a company called Carewell Aviation India Pvt.
Ltd., and then Rs 82.96 crore was moved to another new company.
Out of this, Rs 112 crore was used to buy a fancy plane and a helicopter.
The court had to decide whether to let the party use the money while the investigation is going on, but they said no for now.
Calcutta High Court refused to allow the TMC to operate three frozen bank accounts.
The accounts contain Rs 440.42 crore frozen by the Enforcement Directorate.
The ED alleges financial misconduct, including illegal money collection and routing.
Rs 160 crore was transferred to Carewell Aviation India Pvt. Ltd. and related entities.
Rs 112 crore was used to purchase an Embraer Legacy 600 business jet and an AgustaWestland 109SP helicopter.
- Who
- Trinamool Congress (Mamata Banerjee faction) and Enforcement Directorate
- What
- Calcutta High Court refused interim permission to operate frozen bank accounts
- When
- July 20
- Where
- Kolkata
- Why
- The ED froze the accounts due to alleged dishonest financial dealings and unlawful collection of money.
Trinamool Congress
Enforcement Directorate
Account Freezing
Trinamool Congress
The TMC argues that freezing the accounts hampers their political activities and financial operations.
Enforcement Directorate
The ED maintains that freezing the accounts is necessary to prevent the alleged misuse of funds.
- Total Frozen Amount
- Rs 440.42 crore
- Amount Transferred to Carewell Aviation
- Rs 160 crore
- Amount Routed to New Entity
- Rs 82.96 crore
- Purchases Made
- Embraer Legacy 600 business jet and AgustaWestland 109SP helicopter
- Date of Court Decision
- July 20
Sources
Calcutta HC refuses TMC’s Mamata faction interim nod to operate 3 bank accounts frozen by ED
HC refuses TMC's Mamata faction interim nod to operate 3 bank accounts frozen by ED
Calcutta HC refuses interim nod to TMC Mamata faction to operate Rs 440 crore ED-frozen accounts
Calcutta High Court refuses interim relief to Mamata-led TMC over frozen bank accounts
Calcutta HC refuses to allow TMC to operate bank accounts frozen by ED
